Become an Accessories Store Owner

Do you often get compliments on your fabulous fashion accessories? Turn your flair for style into a fulfilling career when you become an accessories store owner and get paid to help people look and feel wonderful with stunning additions to their wardrobe.

As the owner of a fashion accessories store, you’ll get to shop for the hottest accessories and be among the first to know about new style trends. Whether your store is a small kiosk or cart exclusively selling your favorite type of accessory, or a large retail location that offers all types of fashion accessories, you can take control of your future and enjoy the freedom of being your own boss.

What is a Fashion Accessories Store?

When you become an accessories store owner, you have the luxury of selling items of your choosing and expressing your creative spirit through your shop. Maybe you would like to focus on trendy fashion accessories for the lucrative teen market. Or maybe you want to open a high-end accessories store to attract wealthy clients. Spend your days working in the midst of attractive items such as belts, gloves, hair ornaments, handbags, hats, jewelry, scarves, shoes, sunglasses, wallets, watches, and other accessories.

About the Fashion Accessories Industry

According to the fashion industry’s national Accessories Council, “accessories are the fastest growing sector in the fashion and apparel industry.” In fact, the fashion accessories sector alone generates annual revenues of $30 billion in the U.S. Over the past two decades, “as a category, accessories have emerged as a powerful force in the fashion industry,” says Karen Giberson, President of the Accessories Council. “Accessories used to be an afterthought. Now there is so much excitement over accessories.”

A fashion accessories shop is practically recession proof. Fashion accessory expert T.J. Reid reports that women tend to become more hesitant about spending money for entire new outfits during economic downturns. But even if they won’t spend lavishly on new clothing, they’re happy to buy more accessories to update old looks, says Reid.

Why Become an Accessories Store Owner?

Whether it’s a small kiosk in the mall or a 3,000 square foot location that offers all types of accouterments, you can have the freedom of creating the type of business you want. “You are your own boss! You have the ability to stay small or grow the business to the point at which you feel comfortable.” — Stephanie Witlock, owner of Stephanie’s Shoes.

Fashion accessories are a multi-billion dollar industry. When you become an accessories store owner, you will have a piece of that pie. There’s really no limit to the financial opportunities available in this sector once you learn to forecast fashion trends.

Another reward of owning a fashion accessories store is being able to support a lifestyle of exploration and travel. You may visit industry trade shows and markets around the country, seeking out new fashion accessories to add to your inventory. Maybe you’ll even travel overseas, representing yourself to manufacturers in other countries.

“As my company grew, I decided that I wanted to continue to be very involved with the buying side which has gotten increasingly complex as our revenues and buys increase. I can do my buying work from just about anywhere, as long as I have my laptop and an Internet connection. This has allowed me to travel…in a way that I never could in a traditional job.” — Sarah Johnson, CEO, Luna Boston

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